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Spot gold surged past $4,130 per ounce, posting an intraday gain of 2.45%. The rally, adding nearly $60 since the US Non-Farm Payrolls data release, highlights strong safe-haven demand amid shifting market expectations.
Read MoreFederal Reserve official Mary Daly stated that robust U.S. investment growth is unlikely to slow. She noted potential benefits from eased tensions in the Strait of Hormuz but emphasized the need for more aggressive action against persistent inflation.
Read MoreFederal Reserve official Daly highlights that we are in the early stages of AI-driven exponential productivity growth. She addresses inflation concerns from massive AI investment and stresses the need for monetary policy to balance inflation control with economic support. The timing of central bank actions will critically shape the impact on public welfare.
Read MoreAfter significant declines in the previous session, compute infrastructure providers Nebius and CoreWeave saw pre-market gains of 3% and 2%, respectively. This rebound highlights shifting sentiment in the cloud and AI infrastructure sector, drawing investor attention to potential opportunities amid recent volatility.
Read MoreAhead of the crucial Nonfarm Payrolls (NFP) report, market expectations for the Fed's July meeting have shifted significantly. CME FedWatch data shows a 68.5% probability of rates holding steady, versus a 31.5% chance of a 25-basis-point hike, highlighting the market's focus on upcoming economic signals.
Read MoreTruist Securities has significantly raised its price target on SpaceX from $261 to $295. The upgrade reflects strong confidence in SpaceX's rapid Starship progress, cost advantages from reusable rockets, and its growing dominance in the global launch market, signaling robust long-term growth potential.
Read MoreHyperscale Data, a Nasdaq-listed company, has expanded its Bitcoin holdings by acquiring approximately 67 BTC between late June and early July. This strategic move brings its total Bitcoin reserve to around 849, reinforcing its position as a corporate holder of the digital asset.
Read MoreOn July 2nd, WTI crude oil futures fell sharply, dropping over 2% to close at $67.20 per barrel. This significant decline highlights growing market concerns about supply-demand dynamics, prompting investors to reassess risks in the energy sector.
Read MoreJPMorgan cautions that the current rally in AI chip stocks may not last. The bank suggests that cloud giants' superior monetization potential or eventual capital expenditure adjustments could reduce chip demand, posing a key risk to semiconductor equities.
Read MoreJPMorgan is collaborating with Gulf banks on a $7 billion project loan aimed at supporting development initiatives in Syria, signaling a strategic push into the Middle East market.
Read MoreGoldman Sachs analyzes recent comments from Fed Chair Kevin Warsh at the ECB forum. Warsh noted that inflation expectations and risks have receded since June's FOMC meeting, and AI-driven supply expansion could significantly impact monetary policy. Goldman still expects the Fed to hold rates steady throughout 2026.
Read MoreStablecoinX has launched its core infrastructure software platform, Harness. This move provides a robust, scalable framework for developers and institutions to accelerate innovation and deployment within the stablecoin ecosystem, marking a key step in building foundational industry architecture.
Read MoreIn June 2026, A-share markets recorded 2.8646 million new investor accounts, a remarkable 73.99% year-on-year surge. Total new accounts for 2026 have exceeded 20 million, indicating strong retail investor confidence and potential sustained capital inflows.
Read MoreDigital China's subsidiary, Shenzhou Kuntai, has won a major PC server supply contract from China Mobile for 2026-2027. The deal, covering four ARM architecture-based packages, highlights a significant breakthrough in the domestic server market.
Read MoreSources indicate the US and Iran will hold a new round of talks on July 18. This meeting is seen as crucial for reviving the nuclear deal, with potential major impacts on Middle East geopolitics. The international community is watching closely for breakthroughs.
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